Contingent income tax rate table of virtual currency

1. The income obtained from the purchase of virtual currency by an indivial through the Internet and the sale to others after the price increase belongs to the taxable income of personal income tax, which should be calculated and paid according to the item of "income from property transfer". The original value of the property sold by an indivial is the price and related taxes paid by the acquisition of virtual currency. If an indivial is unable to provide evidence of the original value of his property, the original value of his property shall be verified by the competent tax authorities. All online transactions that earn income should be taxed

2. According to the official reply of the State Administration of Taxation on the issue of indivial income tax on the income of indivials from buying and selling virtual currency through the Internet (GSH [2008] No. 818), the income obtained by indivials from purchasing players' virtual currency through the Internet and selling it to others after price increase belongs to the taxable income of indivial income tax, The indivial income tax shall be calculated and paid according to the item of "income from property transfer". The original value of an indivial's property in selling virtual currency is the price and related taxes paid for his purchase of network virtual currency. If an indivial is unable to provide evidence of the original value of his property, the original value of his property shall be verified by the competent tax authorities.

3. The State Administration of Taxation emphasizes that the original value of an indivial's property in selling virtual currency, the price paid for his purchase of network virtual currency and related taxes. If an indivial is unable to provide evidence of the original value of his property, the original value of his property shall be verified by the competent tax authorities

according to the relevant sources of Beijing Local Taxation Bureau, the tax rate of indivial income tax calculated according to the "income from property transfer" project is fixed at 20%, and Beijing Local Taxation Bureau will also introce relevant measures to verify the original value of virtual currency property sold by indivials

about virtual currency:

virtual currency refers to the substitute currency circulating in the network virtual world. In addition to the virtual currencies issued by major online game companies with various names, Tencent Q currency is also widely used

at present, the online transaction in the virtual world has greatly exceeded people's imagination, and has formed a huge online transaction market of proction, supply and marketing. Moreover, a group of professional workers specialized in "coin printing" came into being; There are also special exchange shops for various game currencies.

4. In a recent reply to the Beijing Local Taxation Bureau, the State Administration of Taxation said that the income obtained by indivials from purchasing players' virtual currency through the Internet and selling it to others after price increase belongs to the taxable income of indivial income tax, which should be calculated and paid according to the item of "income from property transfer"
according to the regulations, the income from property transfer is calculated as the amount of taxable income, which is the balance of the income from one-time transfer of property (no matter how many times it is paid, it should be merged into the income from one-time transfer of property) minus the original value of the property and reasonable expenses, and the tax rate of 20% is applied to calculate and pay indivial income tax.

5. Really? But it's basically the smallest denomination. It's equivalent to 50 yuan.

6.

The rate of personal contingent income tax is 20%

according to the current indivial income tax law, there is no threshold for contingent income, so the contingent income tax is calculated and paid at the rate of 20% of the income, which is withheld and paid by the paying unit and indivial

according to the current tax policy, the personal income tax exemption for indivials who buy "welfare lottery" and "sports lottery" is as follows: those who win the lottery at a time with an income of less than 10000 yuan are temporarily exempted from personal income tax

if it is more than 10000 yuan, the amount of income that should be obtained shall be calculated and paid according to the tax rate of 20%, and the indivial accidental income tax shall be exempted if the prize is less than 800 yuan in the prize invoice. The rest should be collected in full

extended information:

the preferential tariff rate lower than the ordinary rate imposed by countries on imports from specific beneficiary countries. The purpose of using preferential tariff is to promote friendly trade with beneficiary countries

to analyze the tax burden, we should pay attention to the distinction between nominal tax rate and actual tax rate. The effective tax rate is the ratio of the actual tax amount to the amount of the tax object

when the actual tax payment is less than the tax payable, or the tax base is less than the amount of the tax object, or both conditions are met, the effective tax rate is less than the nominal tax rate

7. Personal income tax rate table 1 (applicable to income from wages and salaries) Monthly taxable income Tax rate (%)
1 No more than 500 yuan 5
2 Over $500 to $2000 10
3 Over $2000 to $5000 15
4 Over $5000 to $20000 20
5 Over $20000 to $40000 25
6 Over $40000 to $60000 30
7 Over $60000 to $80000 35
8 Over $80000 to $100000 40
9 More than 100000 yuan 45
(Note: the term "monthly taxable income" in this table refers to the balance after decting 2000 yuan of expenses from monthly income or the balance after decting additional expenses in accordance with Article 6 of this law.)
personal income tax rate table 2 (income from proction and operation of indivial instrial and commercial households and income from contracted and leased operation of enterprises and institutions)
series Annual taxable income Tax rate (%)
1 No more than 5000 yuan 5
2 Over $5000 to $10000 10
3 Over $10000 to $30000 20
4 Over $30000 to $50000 30
5 More than 50000 yuan 35
(Note: the annual taxable income in this table refers to the balance after decting costs, expenses and losses from the total income of each tax year in accordance with the provisions of Article 6 of this law.)

8. China's taxpayers registered residence income tax
personal income tax is made up of taxpayers, and it is specifically divided into 2 situations:
1. indivials who have residence in China (refer to indivials habitually habitual in residence in China) e to household registration, family and economic interests, and indivials who have not lived in China for 1 years in China, shall be from China. Personal income tax shall be paid on all income obtained abroad
2. Indivials who have no domicile and do not live in China, or indivials who have no domicile but have lived in China for less than one year, shall pay indivial income tax on their income from China< (2) tax items, tax rates and tax calculation methods
the tax items of indivial income tax include income from wages and salaries, income from proction and operation of indivial businesses, income from contracted and leased operation of enterprises and institutions, income from remuneration for labor services, income from contributions, income from royalties, income from interest, dividends and dividends, and income from property leasing, Income from property transfer, incidental income and other income determined to be taxed by the financial department of the State Council< The income from wages and salaries includes personal income, salary, bonus, year-end salary increase, labor bonus, allowance, subsidy and other income
in general, the amount of the income from wages and salaries obtained by the taxpayer in the current month minus the amount of the following items is the taxable income, and the amount of indivial income tax payable is calculated according to the seven level excess progressive tax rate of income in the personal income tax rate table (1):
(1) the basic dection is 3500 yuan
(2) the basic endowment insurance premium, basic medical insurance premium and unemployment insurance premium paid by indivials according to the regulations
(3) housing provident fund deposited by units and indivials in accordance with the provisions
(4) subsidies for official vehicles and communications within the prescribed standards<

personal income tax rate table (I)
(applicable to wage and salary income)
levels
annual taxable income
tax rate (%)

I. No more than 3% of 1500 yuan. More than RMB 1500 to RMB 4500 10%

three. 20%

for those over 4500 yuan to 9000 yuan. Over RMB 9000 to RMB 35000, 25%

five. 45%

of the portion over 35000 yuan to 55000 yuan. 45%

for the part over RMB 55000 to RMB 80000. 45% of the part exceeding 80000 yuan

note: the monthly taxable income in this table refers to the balance after decting 3500 yuan of expenses and additional expenses from the monthly income in accordance with Article 6 of the indivial income tax law of the people's Republic of China< The formula for calculating the amount of tax payable:
the amount of tax payable = wage and salary income - 3500 yuan - other dections required
for taxpayers who have no domicile in China but obtain wage and salary income in China, and for taxpayers who have domicile in China but obtain wage and salary income outside China, their wages and salaries are calculated For the taxable income of indivial income tax on salary income, in addition to the dection of 3500 yuan and other specified items per month, the state can also determine the additional dection according to its average income level, living standard, exchange rate changes and other factors. At present, the standard of additional dection of expenses is 1300 yuan per month, and the formula of taxable income is:
taxable income = salary Salary income - 3500 yuan - additional dection expenses (1300 yuan) - other dection items
the scope of application of additional dection expenses includes:
foreigners working in foreign-invested enterprises and foreign enterprises in China
foreign experts employed in enterprises, institutions, social organizations and state organs in China
indivials who have residences in China but are employed outside China and obtain wages and salaries
ocean transportation crew
other personnel determined by the Ministry of Finance and the State Administration of taxation
compatriots in Hong Kong, Macao, Taiwan and overseas Chinese also refer to this method for tax calculation< 2. Tax calculation method for income from proction and operation of indivial instrial and commercial households. The amount of indivial income tax payable shall be calculated according to the amount of taxable income and the five level excess progressive tax rate listed in the personal income tax rate table (2)<
personal income tax rate table (2)
(income from proction and operation of indivial instrial and commercial households and income from contracted and leased operation of enterprises and institutions)
levels
taxable income of the current tax year
tax rate (%)

I. No more than 5% of 15000 yuan. More than RMB 15000 to RMB 30000 10%

three. 20%

for the part of more than 30000 yuan to 60000 yuan. More than 60000 yuan to 100000 yuan, 30

five. 35% of the part exceeding 100000 yuan

note: the annual taxable income in this table refers to the balance after decting costs, expenses and losses from the total income of each tax year in accordance with Article 6 of the indivial income tax law of the people's Republic of China
when indivial income tax is calculated and levied on the proction and operation income of indivial business owners, sole proprietorship enterprises and natural person investors of partnership enterprises, the dection standard of indivial business owners, sole proprietorship enterprises and natural person investors of partnership enterprises is determined as 42000 yuan / year (3500 yuan / month)
3. Tax calculation method for the income from contracted operation and leased operation of enterprises and institutions
for the income from contracted operation and leased operation of enterprises and institutions, the taxable income shall be the balance of the total income of each tax year after decting the necessary expenses (3500 yuan / month). The amount of income tax payable shall be calculated according to the previous table of indivial income tax rate (2)
4. Tax calculation methods of income from labor remuneration, contribution remuneration, royalty and property lease
income from labor remuneration, contribution remuneration, royalty and property lease shall be calculated and paid according to the income obtained by the taxpayer each time. If the income does not exceed 4000 yuan each time, 800 yuan shall be dected; If it is more than 4000 yuan, 20% of the expenses shall be dected, and the balance shall be the taxable income. The income tax payable is calculated at the rate of 20%< 5. Tax method for income from property transfer
for income from property transfer, the taxable income is the balance of the income from property transfer minus the original value of the property and reasonable expenses. Calculate taxes. The income tax payable is calculated at the rate of 20%< 6. Tax calculation method of interest, dividend, bonus income, contingent income and other income< (3) main tax exemption and rection items
1. Indivial income tax exemption for the following items:
(1) Awards for science, ecation, technology, culture, health, sports and environmental protection issued by Provincial People's governments, ministries and commissions of the State Council, units above the PLA, and foreign organizations and international organizations
(2) the interest of treasury bonds and financial bonds issued by the state
(3) subsidies and allowances issued in accordance with national uniform regulations< (4) welfare, pension and relief fund
(5) insurance indemnity
(6) military transfer fee and demobilization fee
(7) according to the unified regulations of the state, the settling in fee, retirement fee, retirement salary, retirement salary and retirement living allowance are paid to cadres and employees< (8) income of diplomatic representatives, consular officers and other personnel of embassies and consulates in China that should be exempted from tax according to the relevant laws of China
(9) income exempted from tax as stipulated in international conventions and agreements signed by the Chinese government
(10) income exempted from tax with the approval of the financial department of the State Council< (1) the income of the disabled, the elderly and the families of martyrs
(2) heavy losses caused by serious natural disasters< (3) other tax rections approved by the financial department of the State Council.

9.

1、 The latest personal income tax rate table:

2. I'd like to talk about the policy with you:

the State Administration of Taxation issued the announcement on Several Issues concerning the convergence of collection and management in the full implementation of the new personal income tax law on December 20, 2018. In the future, withholding agents will still be implemented when they pay wages and salaries to indivial residents, and they will apply for full monthly withholding declaration

The newly revised indivial income tax law of the people's Republic of China will come into force on January 1 next year. Yesterday, the State Administration of Taxation announced the calculation method of withholding and prepaying indivial income tax on income from wages and salaries, remuneration for labor services, remuneration for contributions, and royalties after the full implementation of the new indivial income tax law. Among them, it is clear that the indivial income tax of indivial residents' wages and salaries should be withheld and paid in advance by the accumulated withholding method; Personal income tax on income from remuneration for services, remuneration for contributions and royalties shall be withheld and paid in advance in accordance with the current regulations

In order to implement the newly revised indivial income tax law of the people's Republic of China (hereinafter referred to as the "new indivial income tax law"), this paper makes a comprehensive analysis of the withholding agent's income from indivial wages, salaries and labor remuneration after the full implementation of the new indivial income tax law, The calculation method of withholding and prepaying indivial income tax for the above four items of income of non resident indivials is announced as follows:

I. method of withholding and prepaying indivial income of resident indivials, Withholding indivial income tax according to the following methods, and submitting the declaration form of withholding indivial income tax to the competent tax authority (see Annex 1). If the annual withholding tax is inconsistent with the annual tax payable, the indivial resident shall handle the annual final settlement and payment of comprehensive income to the competent tax authority from March 1 to June 30 of the next year, and refund the excess tax and make up the deficiency

(1) when withholding agents pay income from wages and salaries to indivial residents, they shall calculate the withholding tax according to the cumulative withholding method, and apply for the full amount of withholding tax on a monthly basis. The specific calculation formula is as follows:

current withholding tax amount = (accumulated withholding taxable income amount) × Withholding rate - quick calculation dection) - accumulated tax dection - accumulated tax withheld and prepaid

accumulated withholding and prepaid taxable income = accumulated income - accumulated tax exempt income - accumulated dection expenses - accumulated special dection - accumulated special additional dection - accumulated other dections determined according to law

< P > where: accumulated dection expenses, It is calculated by multiplying 5000 yuan / month by the number of months the taxpayer has been employed in the unit up to this month

in the above formula, the calculation of the withholding rate and quick calculation dection of the withholding tax on the income of indivial wages and salaries shall be carried out according to table 1 of withholding rate of indivial income tax (see Annex 2)

(2) the withholding agent shall pay personal income tax in advance on the basis of payment of remuneration for services, remuneration for contributions and royalties to indivial residents. The specific withholding and prepayment methods are as follows:

income from remuneration for labor services, remuneration for contributions and royalties, and the balance of income after decting expenses is the amount of income. Among them, 70% of the income from the author's remuneration shall be dected

Decting expenses: if the income from labor remuneration, contribution remuneration and royalty does not exceed 4000 yuan each time, the decting expenses shall be calculated as 800 yuan; If the income is more than 4000 yuan each time, the expenses shall be dected by 20%

taxable income: income from remuneration for labor services, income from contributions, income from royalties, with each income as the amount of withholding and prepayment of taxable income. The progressive over dection rate of 20% to 40% shall be applied to the income from remuneration for labor services (see Annex 2 "Table 2 of indivial income tax dection rate"), and the proportional pre dection rate of 20% shall be applied to the income from contributions and royalties

the amount of tax that should be withheld and paid in advance on the income from labor remuneration = the amount of tax that should be withheld and paid in advance × Withholding rate - quick calculation dection × 20%

2. The withholding agent shall dect and pay the indivial income tax monthly or in turn according to the following methods when it pays the income from wages and salaries, remuneration for labor services, remuneration for contributions and royalties to the non resident indivials:

the income from wages and salaries of the non resident indivials, The amount of taxable income shall be the balance of monthly income minus 5000 yuan of expenses; For income from remuneration for labor services, remuneration for contributions and royalties, the amount of each income shall be taken as the taxable income, and the amount of tax payable shall be calculated according to the monthly tax rate table of non resident indivials after monthly conversion (see Annex 2 "personal income tax rate table 3"). Among them, the income from remuneration for labor services, remuneration for contributions and royalties shall be the balance of the income minus 20% of the expenses. The amount of income from remuneration shall be calculated as 70%

non residents' personal income from wages and salaries, remuneration for labor services, remuneration for contributions and royalties, taxable amount = taxable amount × Tax rate - quick dection

this announcement will come into effect on January 1, 2019

It is hereby announced